Co Dublin: €1.3mDespite the downturn in the Dublin property market there are still buyers out there prepared to pay a premium price for small houses that are in excellent locations and in walk-in condition.

Take 3 Termon, a petite three-bed in a small gated development off the high street in Dalkey, Co Dublin.

It's a modest terraced house of just over 100sq m (1,110sq ft) but it's right in the middle of things, and new owners can move straight in and unpack.

At €1.3 million it's beyond the reach of most young couples but it will suit wealthy empty nesters seeking a home that's close to shops, restaurants and church, and is easy to lock up and leave.

Sherry FitzGerald is handling the sale of the two-storey townhouse which has off-street parking for two cars and a terraced back garden on two levels.

Inside, it's in very good condition and has been spruced up for sale with fresh coats of Farrow & Ball paint. The ground floor rooms interconnect fully so that the space can be opened up for parties. There's a spacious livingroom that has double doors leading through into a long kitchen/diningroom opening directly into a conservatory.

There are two double bedrooms and a single on the first floor, while part of the attic has been converted into a useful utility space and shower rooms.

Termon is off Castle Street in Dalkey, just a few minutes walk from the Dart and the bus.